Engineering surveys for Hungary’s Paks-II

12 July 2016

ASE, part of Russian state nuclear corporation Rosatom, will complete engineering surveys at the 5th and 6th units of Hungary’s Paks NPP (Paks-II), this year, according to ASE's annual report for 2015. The document also says that the development of a technical project and preliminary report on ground security for Paks-II is scheduled for this year. The Paks NPP currently has four operating VVER-440 units s, which produce over 50% of Hungary’s electricity.

At the end of 2014, Russia and Hungary signed documents on the construction of units 5 and 6 with VVER-1200 reactors. Russia agreed to provide a €10bn ($11.4bn) loan to Hungary to finance the project. In November 2015, the European Commission opened an infringement procedure against Hungary to determine whether the financing of the Paks project complies with EU public procurement rules.

Privacy Policy
We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.